Santelli on tea bagger protests: ‘I’m pretty proud of this.’

In February, former derivatives trader and current CNBC host Rick Santelli famously called for a Chicago tea party to protest Obama’s housing plan. Now, Santelli’s rant has helped spawn disingenuous “grassroots” tea party protests across the country. This morning on CNBC, Santelli squawked about how proud he was of his followers:

SANTELLI: I’ll tell you what. I think that this tea party phenomenon is steeped in American culture and steeped in American notion to get involved with what’s going on with our government. I haven’t organized. I’m going to have to work to pay my taxes, so I’m not going to be able to get away today. But I have to tell you, I’m pretty proud of this.

“You’re like a cultural phenomenon at this point,” CNBC host Joe Kernen told Santelli. Watch it: